U.S. to restart oil leasing with offshore auction this year – Reuters

U.S. to restart oil leasing with offshore auction this year – Reuters

Aug 24 (Reuters) - The Biden administration said on Tuesday it would take steps to restart the federal oil and gas leasing program in the next week and plans to hold a Gulf of Mexico auction as soon as October, court papers showed.

The move comes two months after the U.S Interior Department first said it would comply with a June 15 federal judge's order blocking its months-long pause in oil and gas leasing on federal lands and waters.

That order was a blow to a key White House effort to address climate change by reining in fossil fuel extraction.